Anuroop Packaging Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 960,000 (47%) | — | ₹125 Cr |
| Retail | — | 960,000 (47%) | — | ₹125 Cr |
| Market Maker | — | 110,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 2,030,000 (100%) | — | ₹2,639 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹130,000 |
| Retail (Max) | 13 | 130,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,710,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 668 | 397 | 258 |
| Profit After Tax | 137 | 73 | 3 |
| Total Assets | 1,371 | 584 | 372 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet working capital requirement – 0.33
Company Overview
Incorporated in 1995, Thane based Anuroop Packaging Ltd (APL) is a manufacturer of the corrugated box (used for packaging). The products offered by the company can be divided into two categories which are corrugated boxes and corrugated sheets/boards.
The client segment of the company includes small companies, mid-size companies, corporate clients and many others. Anuroop provides packaging products across various industries such as water treatment, pharmaceutical, metals and stationery. Some of the prominent clients of APL are:
- Pepe Jeans London
- Himalaya Organics
- Mattel Toys India
- Ion exchange India
- FDC
The company also has clients from stationary industries such as A.W. Faber-Castell (India) and Kokuyo Camlin which are industry leaders. Anuroop Packaging has a single semi-automated unit located at Wada, Thane to reduce raw material wastage and manual labour.
Apart from manufacturing corrugated box, the company is also engaged in Gum (Turpentine and Dipentene) trading business which was started by APL in 2017-18.
Competitive Strengths
1. Semi-automated unit
2. Good location for raw material and client access
3. Large client relationships
4. Quality assurance